About Farmer's Fridge
Farmer's Fridge is a company based in Chicago (United States) founded in 2013 by Luke Saunders.. Farmer's Fridge has raised $82.62 million across 7 funding rounds from investors including FoodBytes, Innovation Endeavors and Cleveland Avenue. Farmer's Fridge offers products and services including Salads, Breakfast Sandwiches, and Bowls. Farmer's Fridge operates in a competitive market with competitors including 365 Retail Markets, Bolthouse Farms, Organic India, Byte Foods and Stockwell, among others.
- Headquarter Chicago, United States
- Founders Luke Saunders
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Sectors
ConsumerRetail
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$82.62 M (USD)
in 7 rounds
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Latest Funding Round
$2.6 M (USD), Debt – Conventional
Apr 12, 2021
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Investors
FoodBytes
& 9 more
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Employee Count
Employee Count
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Products & Services of Farmer's Fridge
Farmer's Fridge offers a comprehensive portfolio of products and services, including Salads, Breakfast Sandwiches, and Bowls. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fresh, chef-crafted salads packed daily for on-the-go healthy eating.
Handmade sandwiches offering nutritious breakfast options anytime.
Nutritious meal bowls made with fresh ingredients for quick meals.
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Funding Insights of Farmer's Fridge
Farmer's Fridge has successfully raised a total of $82.62M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.6 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $2.6M
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First Round
First Round
(20 May 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Debt – Conventional - Farmer's Fridge | Valuation |
investors |
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| May, 2020 | Amount | Series D - Farmer's Fridge | Valuation |
investors |
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| Sep, 2018 | Amount | Series C - Farmer's Fridge | Valuation | Innovation Endeavors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Farmer's Fridge
Farmer's Fridge has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include FoodBytes, Innovation Endeavors and Cleveland Avenue. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology investments are targeted by this venture capital firm.
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Founded Year | Domain | Location | |
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US private equity investments are managed by DNS Capital.
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Farmer's Fridge
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Farmers Fridge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farmer's Fridge Comparisons
Competitors of Farmer's Fridge
Farmer's Fridge operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 365 Retail Markets, Bolthouse Farms, Organic India, Byte Foods and Stockwell, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart vending solutions are provided for offline retailers and businesses.
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| domain | founded_year | HQ Location |
Internet first brand offering multi-category organic grocery products
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| domain | founded_year | HQ Location |
Organic tea and herbal supplements are produced and marketed globally.
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| domain | founded_year | HQ Location |
Healthy food options are delivered to workplaces via refrigerated dispensers.
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| domain | founded_year | HQ Location |
Smart vending machines for non-perishable foods are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Farmer's Fridge
Frequently Asked Questions about Farmer's Fridge
When was Farmer's Fridge founded?
Farmer's Fridge was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Farmer's Fridge located?
Farmer's Fridge is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Farmer's Fridge?
Luke Saunders is the current CEO of Farmer's Fridge. They have also founded this company.
Is Farmer's Fridge a funded company?
Farmer's Fridge is a funded company, having raised a total of $82.62M across 7 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on May 20, 2015.
What does Farmer's Fridge do?
Farmers Fridge was founded in 2013 in Chicago, United States, as a provider in the food vending sector. A network of automated smart vending machines is maintained across locations, where salads, sandwiches, and various snacks are dispensed to customers. Operations focus on convenient access to prepared foods through technology-enabled kiosks, serving urban and public environments in the U.S.
Who are the top competitors of Farmer's Fridge?
Farmer's Fridge's top competitors include 365 Retail Markets, Stockwell and Byte Technology.
What products or services does Farmer's Fridge offer?
Farmer's Fridge offers Salads, Breakfast Sandwiches, and Bowls.
Who are Farmer's Fridge's investors?
Farmer's Fridge has 10 investors. Key investors include FoodBytes, Innovation Endeavors, Cleveland Avenue, DNS Capital, and DOM Capital Group.
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